Deposit Method Limitations for Your Account. Direct Deposits* No limits Internal transfers between eligible accounts managed by the Program Partner No limits ACH transfers to your Account from a connected bank account with another institution** Tier 1: $1,000/day $10,000/month Tier 2: $5,000/day $25,000/month 7 Tier 3: $10,000/day $50,000/month Cash deposit at in-network ATM $1,000/transaction $2,000/day You can use your debit card to make deposits at in-network ATMs. You can identify an in-network ATM by looking for the Allpoint logo on or near the ATM. You cannot make cash deposits at out-of-network ATMs. * The recipient’s name on any direct deposit or ACH transfer must match the name on the Account or the deposit may be returned to the originator. Direct deposit is the deposit of funds electronically into your Account. ** You may transfer funds between your Account and another bank account. The connected bank account must be located in the United States. We do not accept cash deposits by mail, or paper check or foreign currency deposits: We are not liable for deposits of any kind that you mail to us, including if it is lost in transit, lost in the mail, or otherwise not received by us. ▪ Cash: We do not accept cash deposits made by mail. If you mail us a cash deposit, we will send the cash back to you. ▪ Paper Checks: If you mail a paper check to us, including personal or business checks, money orders or cashier’s checks, we may apply the check to any negative balance you have on your Account or send the check back to you. ▪ Foreign Currency: We do not accept any deposits in foreign currency. Any deposits received in foreign currency, whether in the form of cash or check, will be sent back to you. We will send all items back to the address we have for you and we are not liable if you do not receive the items. You may only deposit with us funds that are immediately available, which under applicable law are irreversible and are not subject to any lien, claim or encumbrance. For more information about deposits and when funds from a deposit will be made available to you, please refer to the applicable section below.
Appears in 1 contract
Samples: Account Agreement
Deposit Method Limitations for Your Account. Direct Deposits* No limits Internal transfers between eligible accounts managed by the Program Partner AngelList Venture No limits Direct payments/ACH debits via ACH Origination Service (see Section 5) (deposits resulting from payment requests initiated from your Account) And ACH transfers to your Account from a connected bank account with another institutioninstitution (See Section 3.7)** Tier 1: Banking, Banking Select, Growth, and Scale $25,000/day $250,000/month Inbound domestic wire No limits Checks (via the Mobile Deposit Services) (see Section 6) Banking Growth, and Scale $1,000/per check*** $25,000/day $10,000250,000/month Tier 2: Banking Select $5,000/day per check*** $25,000/month 7 Tier 3: $10,000/day $50,000250,000/month Cash deposit at in-network ATM $1,000/transaction $2,000/day You can use your debit card to make deposits at in-network ATMs. You can identify an in-network ATM by looking for the Allpoint logo on or near the ATM. You cannot make cash deposits at out-of-network ATMs. * The recipient’s name on any direct deposit or deposit, ACH transfer or Check must match the name on the Account or the deposit may be returned to the originator. Direct deposit is the deposit of funds electronically into your Accountoriginator or rejected. ** You may transfer funds between your Account and another bank account. The connected bank account must be located in within the United States. *** We may, in our sole discretion, permit deposits in larger amounts. We will notify you if we are not able to deposit a check because it exceeds our limit. Accepting a deposit over $5,000 does not guarantee that we will permit you to exceed the deposit limit again in the future. You understand and agree that, to initiate deposits via direct payments/ACH debit, you must comply with the ACH Origination Service security procedures described in Section 5.4 below. We do not accept cash deposits by mail, cash, or paper check or foreign currency deposits: We are not liable for deposits of any kind that you mail to us, including if it is lost in transit, lost in the mail, or otherwise not received by us. ▪ Cash: We do not accept cash deposits made by mailin cash. If you mail us a cash deposit, we will send the cash back to you. ▪ Paper Checks: If you mail a paper check to us, including personal or business checks, money orders or cashier’s checks, we may apply the check to any negative balance you may have on your Account or send the check back to you. ▪ Foreign Currency: We do not accept any deposits in foreign currency. Any deposits received in foreign currency, whether in the form of cash or check, will be sent back to you. We will send all items back to the address we have for you on file, and we are not liable if you do not receive the items. You may only deposit with us funds that are immediately available, which under applicable law are irreversible and are not subject to any lien, claim or encumbrance. For more information about deposits and when funds from a deposit will be made available to you, please refer to the applicable section belowSection 3.2.
Appears in 1 contract
Deposit Method Limitations for Your Account. Direct Deposits* No limits Internal transfers between eligible accounts managed by the Program Partner AngelList Venture No limits Direct payments/ACH debits via ACH Origination Service (see Section 5) (deposits resulting from payment requests initiated from your Account) And ACH transfers to your Account from a connected linked bank account with another institutioninstitution (See section 3.7)** Tier 1: $1,00025,000/day $10,000250,000/month Tier 2: $5,000/day $25,000/month 7 Tier 3: $10,000/day $50,000/month Cash deposit at in-network ATM $1,000/transaction $2,000/day You can use your debit card to make deposits at in-network ATMs. You can identify an in-network ATM by looking for the Allpoint logo on or near the ATM. You cannot make cash deposits at out-of-network ATMs. Domestic wire No limits * The recipient’s name on any direct deposit or ACH transfer must match the name on the Account or the deposit may be returned to the originator. Direct deposit is the deposit of funds electronically into your Account. ** You may transfer funds between your Account and another bank account. The connected linked bank account must be located in the United States. You understand and agree that, in order to initiate deposits via direct payments/ACH debit, you must comply with the ACH Origination Service security procedures described in Section 5.4 below. We do not accept cash deposits by mail, cash, or paper check or foreign currency deposits: We are not liable for deposits of any kind that you mail to us, including if it is lost in transit, lost in the mail, or otherwise not received by us. ▪ Cash: We do not accept cash deposits made by mailin cash. If you mail us a cash deposit, we will send the cash back to you. ▪ Paper Checks: If you mail a paper check to us, including personal or business checks, money orders or cashier’s checks, we may apply the check to any negative balance you may have on your Account or send the check back to you. ▪ Foreign Currency: We do not accept any deposits in foreign currency. Any deposits received in foreign currency, whether in the form of cash or check, will be sent back to you. We will send all items back to the address we have for you on file and we are not liable if you do not receive the items. You may only deposit with us funds that are immediately available, which under applicable law are irreversible and are not subject to any lien, claim or encumbrance. For more information about deposits and when funds from a deposit will be made available to you, please refer to the applicable section belowSection 3.2.
Appears in 1 contract
Deposit Method Limitations for Your Account. Direct Deposits* No limits Internal transfers between eligible accounts managed by the Program Partner AngelList Venture No limits Direct payments/ACH debits via ACH Origination Service (see Section 5) (deposits resulting from payment requests initiated from your Account) Banking & Banking Select $25,000/day $250,000/month And ACH transfers to your Account from a connected bank account with another institutioninstitution (See Section 3.7)** Tier 1: Inbound domestic wire No limits Checks (via the Mobile Deposit Services) (see Section 6) Banking $1,000/per check*** $25,000/day $10,000250,000/month Tier 2: Banking Select $5,000/day per check*** $25,000/month 7 Tier 3: $10,000/day $50,000250,000/month Cash deposit at in-network ATM $1,000/transaction $2,000/day You can use your debit card to make deposits at in-network ATMs. You can identify an in-network ATM by looking for the Allpoint logo on or near the ATM. You cannot make cash deposits at out-of-network ATMs. * The recipient’s name on any direct deposit or deposit, ACH transfer or Check must match the name on the Account or the deposit may be returned to the originator. Direct deposit is the deposit of funds electronically into your Accountoriginator or rejected. ** You may transfer funds between your Account and another bank account. The connected bank account must be located in within the United States. *** We may, in our sole discretion, permit deposits in larger amounts. We will notify you if we are not able to deposit a check because it exceeds our limit. Accepting a deposit over $5,000 does not guarantee that we will permit you to exceed the deposit limit again in the future. You understand and agree that, to initiate deposits via direct payments/ACH debit, you must comply with the ACH Origination Service security procedures described in Section 5.4 below. We do not accept cash deposits by mail, cash, or paper check or foreign currency deposits: We are not liable for deposits of any kind that you mail to us, including if it is lost in transit, lost in the mail, or otherwise not received by us. ▪ Cash: We do not accept cash deposits made by mailin cash. If you mail us a cash deposit, we will send the cash back to you. ▪ Paper Checks: If you mail a paper check to us, including personal or business checks, money orders or cashier’s checks, we may apply the check to any negative balance you may have on your Account or send the check back to you. ▪ Foreign Currency: We do not accept any deposits in foreign currency. Any deposits received in foreign currency, whether in the form of cash or check, will be sent back to you. We will send all items back to the address we have for you on file and we are not liable if you do not receive the items. You may only deposit with us funds that are immediately available, which under applicable law are irreversible and are not subject to any lien, claim or encumbrance. For more information about deposits and when funds from a deposit will be made available to you, please refer to the applicable section belowSection 3.2.
Appears in 1 contract
Deposit Method Limitations for Your Account. Direct Deposits* No limits Internal transfers between eligible accounts managed by the Program Partner AngelList Venture No limits Direct payments/ACH debits via ACH Origination Service (see Section 5) (deposits resulting from payment requests initiated from your Account) And ACH transfers to your Account from a connected bank account with another institutioninstitution (See Section 3.7)** Tier 1: Banking, Banking Select, Growth, and Scale $25,000/day $250,000/month Inbound domestic wire No limits Checks (via the Mobile Deposit Services) (see Section 6) Banking Growth, and Scale $1,000/per check*** $25,000/day $10,000250,000/month Tier 2: Banking Select $5,000/day per check*** $25,000/month 7 Tier 3: $10,000/day $50,000250,000/month Cash deposit at in-network ATM $1,000/transaction $2,000/day You can use your debit card to make deposits at in-network ATMs. You can identify an in-network ATM by looking for the Allpoint logo on or near the ATM. You cannot make cash deposits at out-of-network ATMs. * The recipient’s name on any direct deposit or deposit, ACH transfer or Check must match the name on the Account or the deposit may be returned to the originator. Direct deposit is the deposit of funds electronically into your Accountoriginator or rejected. ** You may transfer funds between your Account and another bank account. The connected bank account must be located in within the United States. *** We may, in our sole discretion, permit deposits in larger amounts. We will notify you if we are not able to deposit a check because it exceeds our limit. Accepting a deposit over $5,000 does not guarantee that we will permit you to exceed the deposit limit again in the future. You understand and agree that, to initiate deposits via direct payments/ACH debit, you must comply with the ACH Origination Service security procedures described in Section 5.4 below. We do not accept cash deposits by mail, cash, or paper check or foreign currency deposits: We are not liable for deposits of any kind that you mail to us, including if it is lost in transit, lost in the mail, or otherwise not received by us. ▪ Cash: We do not accept cash deposits made by mailin cash. If you mail us a cash deposit, we will send the cash back to you. ▪ Paper Checks: If you mail a paper check to us, including personal or business checks, money orders or cashier’s checks, we may apply the check to any negative balance you may have on your Account or send the check back to you. ▪ Foreign Currency: We do not accept any deposits in foreign currency. Any deposits received in foreign currency, whether in the form of cash or check, will be sent back to you. We will send all items back to the address we have for you on file, and we are not liable if you do not receive the items. You may only deposit with us funds that are immediately available, which under applicable law are irreversible and are not subject to any lien, claim or encumbrance. For more information about deposits and when funds from a deposit will be made available to you, please refer to the applicable section belowSection 3.2.
Appears in 1 contract
Samples: Account Agreement
Deposit Method Limitations for Your Account. Direct Deposits* No limits Internal transfers between eligible accounts managed by the Program Partner AngelList Venture No limits Direct payments/ACH debits via ACH Origination Service (see Section 5) (deposits resulting from payment requests initiated from your Account) And ACH transfers to your Account from a connected bank account with another institutioninstitution (See Section 3.7)** Tier 1: $1,00025,000/day $10,000250,000/month Tier 2: Inbound domestic wire No limits Checks (via the Mobile Deposit Services) (see Section 6) $5,000/day per check*** $25,000/month 7 Tier 3: $10,000/day $50,000250,000/month Cash deposit at in-network ATM $1,000/transaction $2,000/day You can use your debit card to make deposits at in-network ATMs. You can identify an in-network ATM by looking for the Allpoint logo on or near the ATM. You cannot make cash deposits at out-of-network ATMs. * The recipient’s name on any direct deposit or deposit, ACH transfer or Check must match the name on the Account or the deposit may be returned to the originator. Direct deposit is the deposit of funds electronically into your Accountoriginator or rejected. ** You may transfer funds between your Account and another bank account. The connected bank account must be located in the United States. *** We may, in our sole discretion, permit deposits in larger amounts. We will notify you if we are not able to deposit a check because it exceeds our limit. Accepting a deposit over $5,000 does not guarantee that we will permit you to exceed the deposit limit again in the future. You understand and agree that, in order to initiate deposits via direct payments/ACH debit, you must comply with the ACH Origination Service security procedures described in Section 5.4 below. We do not accept cash deposits by mail, cash, or paper check or foreign currency deposits: We are not liable for deposits of any kind that you mail to us, including if it is lost in transit, lost in the mail, or otherwise not received by us. ▪ Cash: We do not accept cash deposits made by mailin cash. If you mail us a cash deposit, we will send the cash back to you. ▪ Paper Checks: If you mail a paper check to us, including personal or business checks, money orders or cashier’s checks, we may apply the check to any negative balance you may have on your Account or send the check back to you. ▪ Foreign Currency: We do not accept any deposits in foreign currency. Any deposits received in foreign currency, whether in the form of cash or check, will be sent back to you. We will send all items back to the address we have for you on file and we are not liable if you do not receive the items. You may only deposit with us funds that are immediately available, which under applicable law are irreversible and are not subject to any lien, claim or encumbrance. For more information about deposits and when funds from a deposit will be made available to you, please refer to the applicable section belowSection 3.2.
Appears in 1 contract
